VMS Ventures Inc.

VMS Ventures Inc.

November 02, 2015 16:20 ET

VMS Considers Strategic Options

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 2, 2015) - VMS Ventures Inc. (TSX VENTURE:VMS) (the "Company") announces that the Board of Directors has formed a special committee of independent directors with a mandate to explore strategic options related to the Company's business and its assets, including, but not limited to, its shareholdings in North American Nickel Inc. (TSX VENTURE:NAN). This decision has been taken with a view to maximizing shareholder value.

While the Special Committee will review a range of alternatives, there are no assurances that such review will result in any transaction being completed. The Company has imposed no deadline for such review and will continue business as usual while the review is being conducted.


John Roozendaal, B.Sc., President

VMS Ventures Inc.

Forward Looking Statements

Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding future plans and objectives of the Company are forward-looking statements that involve various risks. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Factors that may cause a difference include, but are not limited to, fluctuations in capital markets, changes in the price of mineral commodities and the uncertainty of access to additional capital. VMS Ventures Inc. undertakes no obligation to update or revise such forward-looking statements if circumstances or management's or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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